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US AIRWAYS REPORTS LOSSES IN 2Q2001

USA, According to declaration of a US AirwaysGroup, Inc. spokesman, the airline reported today a net loss for the second quarter of 2001 of USD24m and an operating profit of USD20m. US Airways President and CEO Rakesh Gangwal declared that the negative situation has been occurred due to impact of a weak economic environment and expanding competition from low-cost and small competitors which...

AVIONEWS - World Aeronautical Press Agency - 15598
Rome, Italy, 07/19/2001 12:54
AVIONEWS - World Aeronautical Press Agency

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